ILS vs. ICLO

Last updated Apr 2, 2026

Compare and contrast key facts about Brookmont Catastrophic Bond ETF (ILS) and Invesco Aaa CLO Floating Rate Note ETF (ICLO).

ILS and ICLO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ILS is an actively managed fund by Brookmont. It was launched on Mar 31, 2025. ICLO is an actively managed fund by Invesco. It was launched on Dec 9, 2022.

Performance

ILS vs. ICLO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brookmont Catastrophic Bond ETF (ILS) and Invesco Aaa CLO Floating Rate Note ETF (ICLO). The values are adjusted to include any dividend payments, if applicable.

ILS vs. ICLO - Yearly Performance Comparison

	2026 (YTD)	2025
ILS Brookmont Catastrophic Bond ETF	1.09%	5.60%
ICLO Invesco Aaa CLO Floating Rate Note ETF	1.08%	4.47%

Returns By Period

The year-to-date returns for both stocks are quite close, with ILS having a 1.09% return and ICLO slightly lower at 1.08%.

ILS

• 1D: 0.05%
• 1M: 0.38%
• YTD: 1.09%
• 6M: 2.49%
• 1Y: 6.76%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ICLO

• 1D: 0.02%
• 1M: 0.25%
• YTD: 1.08%
• 6M: 2.27%
• 1Y: 5.59%
• 3Y*: 6.89%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ILS vs. ICLO - Expense Ratio Comparison

ILS has a 1.58% expense ratio, which is higher than ICLO's 0.26% expense ratio.

ILS

Brookmont Catastrophic Bond ETF

ICLO

Invesco Aaa CLO Floating Rate Note ETF

Return for Risk

ILS vs. ICLO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ICLO

ICLO Risk / Return Rank: 80
ICLO Sharpe Ratio Rank: 74
ICLO Sortino Ratio Rank: 69
ICLO Omega Ratio Rank: 97
ICLO Calmar Ratio Rank: 63
ICLO Martin Ratio Rank: 97

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ILS vs. ICLO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brookmont Catastrophic Bond ETF (ILS) and Invesco Aaa CLO Floating Rate Note ETF (ICLO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ILS	ICLO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.38	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.93	2.79	-0.86

Correlation

The correlation between ILS and ICLO is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

ILS vs. ICLO - Dividend Comparison

ILS's dividend yield for the trailing twelve months is around 8.15%, more than ICLO's 5.35% yield.

	TTM	2025	2024	2023
ILS Brookmont Catastrophic Bond ETF	8.15%	6.06%	0.00%	0.00%
ICLO Invesco Aaa CLO Floating Rate Note ETF	5.35%	5.49%	6.51%	7.01%

Drawdowns

ILS vs. ICLO - Drawdown Comparison

The maximum ILS drawdown since its inception was -1.56%, smaller than the maximum ICLO drawdown of -3.47%. Use the drawdown chart below to compare losses from any high point for ILS and ICLO.

Drawdown Indicators

	ILS	ICLO	Difference
Max Drawdown Largest peak-to-trough decline	-1.56%	-3.47%	+1.91%
Max Drawdown (1Y) Largest decline over 1 year	-1.56%	-3.30%	+1.74%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.28%	-0.06%	-0.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.26%	—

Volatility

Volatility by Period

	ILS	ICLO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.32%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.79%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.52%	4.08%	-0.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.52%	2.48%	+1.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.52%	2.48%	+1.04%